Massachusetts college selling campus house for $1

The Associated Press

Posted:
06/26/2014 07:35:35 AM MDT

NORTHAMPTON, Mass. (AP) — Smith College is selling an on-campus house for $1 — but there is a catch.

The buyer must pay to have the house moved off the Northampton, Massachusetts, campus, and that is expected to cost about $70,000. That doesn't even include the cost of a plot of land to move the house to, or the cost of hooking up the water, electricity and other utilities.

A school official tells The Daily Hampshire Gazette (http://bit.ly/TAj6xv ) the 2,332-square-foot structure built in 1860 was used as rental housing for faculty until the college decided to build new apartment-style student housing in its place.

He says the four-bedroom house is in pristine condition. It has two full bathrooms, two fireplaces and historic woodworking.